Economy of the Arab League

China Petrochemical plans 10b yuan of notes

16 Dec 2008

China Petrochemical Corp, the parent of listed China Petroleum & Chemical Corp (Sinopec), plans to issue 10 billion yuan (HK$11.31 billion) worth of short-term notes to lower financing costs...

9:16PM

HK$131b wiped off Exchange Fund surplus

15 Nov 2008

Accounting firm predicts budget deficit of HK$80b as global crisis chews up city's cash

Almost HK$131 billion of the Exchange Fund's surplus was wiped out in the first nine months of...

2:48AM

Economic methods the best way to exert macro-control of market

1 May 2006

Yang Shen, former building official

The government should use economic rather than administrative measures to exert macro-control over the real estate sector, according to a former...

4:08PM

Regional stability vital to economy

23 Sep 2005

SAUDI ARABIA'S economy is now the largest in the Middle East and high on the agenda is a drive to further increase economic growth, create more jobs and find roles for all citizens in the nation...

1:44AM

Reforms to strengthen power of the party

18 Oct 2004

The mainland will have to undertake a new round of economic reforms to strengthen the governing power of the Communist Party, Xinhua reported yesterday.

12:25AM

Reserves get a shot in the arm with rise in oil revenue

23 Sep 2004

THANKS TO THE unexpected strength in oil revenues, the kingdom is receiving a shot in the arm that will further improve its financial health.

The Saudi government is expected to...

7:36PM

Opinion

Worrying economic parallels between China and India

4:13PM

Howard Winn

Elsie Leung caught up in Rusal's byzantine politics

3:35AM

Wealthy kingdom rolls out the barrels

Record revenue from oil is likely to continue, with high prices sustained by powerful growth in global demand

7:35PM

Prince invests time and effort in promoting business opportunities

ATTRACTING FOREIGN investment to speed up economic growth is gaining strength in Saudi Arabia.

The Saudi Arabian General Investment Authority is stepping up efforts to promote the...

7:36PM

War mongers prime Asia for return to boom days

WITH THE WAR HAWKS in Washington still intent on playing their version of Nintendo in Iraq and the price of oil ready to test new highs in consequence, Asian countries have reason to ask...

7:29AM

Property-based economic strategy built on rocky foundations

FINANCIAL SECRETARY Antony Leung Kam-chung put on a brave face this week as he stuck to his forecast of a balanced budget by 2006-07, pinning his hopes on a recovery of the property market.

5:43PM

Deficit dips to $63.3bn

The deficit for the 2001-02 financial year stood at $63.3 billion, an improvement of $2.3 billion over the estimated deficit of $65.6 billion announced in the Budget in March. Final accounts show...

8:52AM

Government budget deficit $2.3b less than predicted

The Government recorded a $63.3 billion deficit for the 2001-02 financial year, slightly less than the revised deficit of $65.6 billion announced by the Financial Secretary in his March Budget.

11:55PM